Interest rates

Business Performance Saver Interest Rates

Applies where $5,000 is deposited to your linked Everyday Business Account, in the prior month

Base rate % p.a.

$0 to $500,000

2.20

0.50

For balances over $500,000, the base rate of 0.50% p.a. applies.

Bonus Criteria will be met where $5,000 or more is credited to the linked Everyday Business Account in the prior month. This amount does not include amounts transferred from another one of your BOQ Accounts. Bonus Interest applies for the following month, if the Bonus Criteria is met in the prior month.

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You can't always predict when an unexpected expense will arise, or when you need to cover shortages in your cash flow. Our Business Overdraft gives you access to a minimum of $10,000, up to an approved limit.

Attach to your BOQ Business Transaction Account for access when you need it

Our Business Line of Credit loan offers convenience, flexibility and peace of mind. Whether you are expanding your business or you need to cover short term cash shortages, you can access additional funds when you need it, up to an approved limit.

Interest only payments

Maximum loan term of 25 years (residential security) and 15 years (other security)

* Bonus Interest applies for the following month, if the Bonus Criteria is met in the prior month.
Bonus Criteria will be met when a minimum of $5,000 is credited to the linked Everyday Business Account in the prior month. This $5,000 credit does not include amounts transferred from another one of your BOQ Accounts.
For balances over $500,000 the base rate applies. Interest is calculated daily on a stepped basis and paid on the first day of the following month. The Business Performance Saver cannont be opened as a Controlled Money Account, Solicitors Investment Trust Account or Real Estate/ Agents Investment Trust Account.

#One free Square Reader available to new BOQ business transaction account customers. One Square Reader per customer while stocks last. To be eligible for this offer, $5,000 must be deposited into your transaction account during the first 3 months. Square Reader R.R.P is approximately $59.00. Eligible customer must be registered as a business entity, not individual. You will receive fee- free processing on up to $1,000 in credit card transactions for the first 180 days after registration of your new Square account. Afterwards, Square’s card processing fee is 1.9% per transaction for any Visa, MasterCard or American Express credit or debit card processed through Square Reader, or 2.2% per Square Invoice paid online. Waived processing fees are reimbursed to your account on each deposit. Upon creating your account via square.com/go/boq, you will receive free fee processing on up to $1,000 in credit card transactions for the first 180 days after registration of your new Square account. EFTPOS not accepted on the Square Reader device. The Square Reader will be linked to your BOQ transaction account. BOQ reserves the right to charge a one off administration fee of $50 if these terms are not met. BOQ is remunerated by Square on a commercial basis for this offer. Limited time only for new Square Reader customers and not transferable. Offer expires 30 June 2019.

BOQ does not and will not guarantee or otherwise support Square's obligations under the contracts or agreements connected with the with the Square Reader or the functionality of the Square Reader. For further information please go to www.squareup.com/au

Conditions, Criteria and Fees Apply. You should obtain and consider the relevant Product Disclosure Statement (PDS), terms and conditions and Guide to Fees and Charges for the product before making any decision about whether to acquire or continue to hold it. Full terms and conditions are available online or at any Bank of Queensland branch.